COMMERCIAL INTELLIGENCE. [From the Sydney Herald, Jan. 31.]

New Zealander, Volume 8, Issue 611, 21 February 1852, Page 2

COMMERCIAL INTELLIGENCE. [From the Sydney Herald, Jan. 31.]

An extremely brisk demand for the Victoria M-irkct h.n run oar stocks of Biantl), Hum, Geneva, Pickles, Fish, Cheese, Hams, Sardines, Cigars, Raisins, Cvi rants, Rice,. and several minoi articles low ; ut man> of Uioie tbove-tnamerated a mott abundant snpplj \v»s luld for nearly twelve months pa«t, and the lacufuci made in consequence were gieal. Unexpectedly it was found ili.it the Poit Phillip markets were bate of nearly cveiy necessary, and an immense influx of population caused an m p»tccdenlcil dcwind, at extraviigint rates ; to supply the duct wants of the diggings, they can only look to Sydney in the meantime. The result has proved most beneficial to our merchants, telieving them of a quantity of goods tor which they could othpiwiae h.ive had no possible outlet formally months, j We aiu aware ot veiy heavy outers being forwarded to England for goods at the commencement of our gold discoveries, vid j although puvate advices aie ayninit heavy importations fiom j thuie, still we ai c inclined to think that we tliall liave an ample supply for our own wants; but -seeing the extiaordinnry demand from VictoiU, and which must last tor live or six month", or nt least whilst digging is so remunerative as *l preivnt, we need not appicliend very heavy stock* c>f British goods,— such is Spirits, Beei, Oilman Stoies,atid Groceiies for a consideiable pcnod. There is only n limited demand lor other Btitish imports uilli a few exceptions, consequently we milt look for stores crowded with goods of a deicription ummUble to our market. B. Hahnett, Broker. Sydney, Jao. 31, 2852.

Mr. J. G. Cohen (Auctioned) writes,— la handing yon the statement of tins day's sale of Cold, pi ices will be found mnch lnghet than tepoitcd List week, and we may fully calculate cm « ite «ly rise The dinonnt of Gold received from Port Phillip was Urge ; howevei, it soon found ready bujers, and it certainly does appear 01 great riclm«s*. fr o S)») iteil a demand existed, that I should have sold up wauls ot four thousand ounces this day, had it not been for the additional charge of the duty. But gold not bong freed fioin the duty of { per cent, like oilier colonial produce, accoiding to the icceut opinion of the Crown Law Officer?, my constituents would not have- their lots brought forward subject to thisteinpniaiy charge. 1 anticipate from the manner in which the I' less his taken up the subject, and the circumstance ot the auctioneer! 1 memorial, baclo d by a petition from our merchants and bankets, that the Govei nm-nt raay be induced at least to allow the matter to dtand ovei until the assembling of the Legislative Council. Sale by auction was no doubt n novel method of disposing of gold, but as weaie Mtuated in this distant colony, both seller and buyei, I conceive, have been benefitlcd, and the system lias conddod, to some evlcnt, to legulatmg the maikft. If 1 am coinpullu) to pay duty on the amount I have sold, the lo^s wjU be urions, and it will ultimately do away with this imide of sale altogether.

SYDNEY MARKETS.-PniDAY, Jan. 31. Thl Mills.— Messrs. Raiker & Co.: A middling supply of wheat li.n arrived to inaiket tin* week, chiefly by the coaiteis, tin- pi ice (01 which lias idii<*t<l fiom 4s Id. to 4». 9(1. the buihel. Flour remains at £11 foi seconds and £13 for first Quality, per too of 2«00lbs. Bran, I*' 2(1 per Irnshcl. Mr. Breillat : The nulls have icteived ,t fdii supply of wliuut duimg the week, at puces v.tiyiug from 4s. bd. iv m. i)tl. per bmliel. The demand tor lldiii lias beon steady ; there is no riusire tor speculation, and no disposition fui pi easing s.iles. The piice remains at before — £J3 toi fine and £11 for st-ronds. Bian, 4». to 4s. Hd. Flour leniains ,it last quotations- £l3 for fine and £11 for sucondsr Bran, Is. 2d. put bushel.

GOLD CIRCULAR. H.M Scboone* Rrnmlrie. fiom New Zealand, ha§ put us in posstssion ol some furtlur particulars refpecting tue New Zealand gold fields— but only sufficient to confiim previoui reports, as ilie laikd immediately alcei the Moa. The news Irom Vu-toiia i» highly encouraging, ami there can be veiy little doubt lh.it H the mincis were favouied with half the i. mi wo lia\e hid at (lie linon, they would obtain gold in vny liiige quantities. Vcij \ tillable information lw» been received from the Rev. W U. Cl.nke, who is nowoiit on .1 pioipecting tour on behalf of H.M. Government. It h<ti been very generally believtd that gold was not liUi-ly locxi-t 111 other tluiu|uattz ; l)nt Mi. Cl.nKc has found it esistinj; in gianitts ot a peculiar rhaiactei, in tlie counties oi St. Vincent, Aij;>le, Mmray, D.impitr, Wallace, Wellesley, and beyond the bound iry on the \ iclona side: in Ilie basins ;i)so i>l llie Slioalhrfveo, the Murnimbulgtc, the Hume, and the Snowy Ilivcis, It does not appear to tun in veins aim quails formation!, but in giams widely (listubuttd, and tbtiel.oie nut so likely to pay lor working; but Mi CUike gives it as his opinion that some of these granite locks »ill piove nrhei than is supposed. Thin eminent geologist has ahead) tiavclled ovci 1000 miles of thu country, and U now

oti his way to Twofold U.n, intending, ii possible, to ir.ictiCipe Howe. U'c shall look witl. onsidirable anxiety for his official rt port. From the noi tli wdiil we betr tint gold lias been di»co\ere>l mound Tjinwoith, on the Jliver Peel, one nun procured hltieu (•(.•nnj uiislid with .i mi disli. Thvie c.iv be vij' little doubt that Available fields will be opened up to the noith as soon .<* siiiiicifiii labour arnvn to wash ihern, but while inei) can a«tiue at Riatriwond, the Tuion, aril Ophir, tlioii o. 10. (5, 20, and exn 30 omit es per ii,\y. it (Hnliot be expected that they will ■waste time in looking foi other miiitv At B Mid wo (I mart* ra progress tavoumhl} : ahout r>oolicnnei h.ivp lie i n issutii tins inoiitb, and the miners, ai a wl.olc, appi.Hr »..tMial, Thr Meroo is jiplding fir»t-rate re.«ults, which may be neen by the tai-t Umt l.ibounn; men aie uot to be got under £A pc-i week and r.itii nb Private advices fioni the Tnron »»alr the berl claims to be again inxlfr water, from n tlmnder-at> mi and » contiimaiire of wtt weailitr; the liol leis wt-ie quite riibheqUeueri, ami he\Li.il had fold out at nicicly noiDinal puces, while otlii'ri liad actually abandoned their claims. Success. wa», however, attending ionic parties. Mr. West, on Sheep Station Point. | t ., ( | t,,Un out 80 ounces in nine days. Another party obtained J2 ounces on Tliuisday la»l from * brd claim on Mtmdy 1 oint ; and a poor man got 22 ounce* 10 <l\Ws in one d.iy out of a bed claim at Reuheti'i itace, below Hmboulv's stoic. The escoits brought in thii weik— lioni Bathmst, 38+ ounces ; Ophir, 09 ounces; Meiuo, 3 !> onmcs; Solali. lli'Ji oiincos ; Braidwood. 1895 onncci. And the mails— luun Jliairtwood, 80' i ounces; Bathnrst, 270 onncei : Suf.il.i, 834 ounces ; Qiuanbijau .10 oniic<s ; and Ophir, 17 ounces. Making a total b^' t«cnri* «nd mails, of ol'2B ounces, in value about £^0,000. In addition to the above we have received by the Tliomai and Hmry, from Melbourne, £00 0 ounces; and per Shamrock, 30,000 ounces. Making a grand total this week of about £'('0,750. The pi ice ha > slightly advanced, an.) may now be quoted at (Ms. 3J. Very large quantities have changed haii'U at bis. 3d , G3s. (id., 6'3s. 9d., and some few p.nciN as> high al Ms. .Id. The export since out last has been — Jauimiy 29, pn Bughtm m for London, 290 ounces, which, at 6'ss. pet 'ounce, (jives £953 16 0 Add previous expoit £702,8»j 5 7 Total -hipped to this date £703,851 0 7 Exchange on Loi.dou — l)utt» against gold 7 pet cent, d.sooui.t. Freight, j per cent. -GEORGE A. LLOYD. 474. George-Mreet, January 31.